Production and Profitability of Honey in Yewa North, Nigeria

S.A. Abere, G. A. Lameed
2012 Mediterranean Journal of Social Sciences  
The study examined the level of production, supply and marketing of honey in Yewa North Local Government Area of Ogun State. Some hindrance to honey supply and marketing were also identified. To achieve the aim of this study, fifty (50) questionnaires were distributed to five communities randomly selected in the study area. Ten questionnaires were administered in each community to collect data from beekeepers. The socio economic variables analysis revealed that 64% of the apiculturists were
more » ... culturists were males while 36% were females. Up to 62% of the apiculturists were Christians while 36% were Muslims and 2% of them were neither Christians nor Muslims. Majority of the producers were in the range of 30-40 years. 4% of the honey producers were singles while 96% were married. NCE holders were 30% while 10% were degree holders. Fifty two percent of the apiculturists inherited the farmland while 9% purchased land. Top bars hive were used by 84%, while 6% used langsroth and 10% used other type of hives. Traditional method of beekeeping was used by 14%, while 86% used modern method of beekeeping. This study shows that 20% of the apiculturists chose beekeeping as their main occupation while 80% chose apiculture as secondary occupation. Only the sales of honey were used for the budgetary analysis. The cost analysis shows that the cost of hive which was 44.5% constitutes a large percentage of the total cost of honey production. The fixed cost was 91.5% of the total cost while the variable cost was 8.4% of the total cost of honey production in the study area.The profitability index was 0.6058 which implies that for every N1 sales, 60k was earned while the rate of return on investment and variable cost are 153.7286 and 1921.3. The gross margin and the net farm income are 300687.0 and 188567.4. The operating ratio is 0.0332 which means that the total variable cost is about 3.3% of the total revenue while the benefit cost ratio is 2.5651 which imply that the risk of running at a loss if invested in the enterprise is very minimal and the pr [...]
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